NetDragon Websoft Holdings Limited (3ND) — Cash Flow Quality Index

Latest as of June 2023: 0.91x

NetDragon Websoft Holdings Limited (3ND) has a Cash Flow Quality Index of 0.91x as of June 2023. Operating cash flow of €228.50 Million is below net income of €250.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 3ND cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.91x
Operating CF / Net Income

Operating Cash Flow

€228.50 Million
EUR

Net Income

€250.00 Million
EUR

Data as of

Jun 2023
Most recent filing

NetDragon Websoft Holdings Limited Cash Flow Quality Index (2013–2024)

Historical Cash Flow Quality Index for NetDragon Websoft Holdings Limited across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 3ND cash generation efficiency.

Annual Cash Flow Quality Index for NetDragon Websoft Holdings Limited (2013–2024)

Year-by-year earnings quality comparison for NetDragon Websoft Holdings Limited.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2024 3.38x €1.05 Billion €311.00 Million ▲ +66.9%
2023 2.03x €1.11 Billion €550.00 Million ▲ +58.0%
2022 1.28x €1.07 Billion €834.00 Million ▲ +32.7%
2021 0.97x €1.03 Billion €1.06 Billion ▼ -30.7%
2020 1.39x €1.33 Billion €953.50 Million ▼ -4.3%
2019 1.46x €1.18 Billion €807.21 Million ▲ +14.5%
2018 1.27x €694.13 Million €545.57 Million ▲ +190.7%
2014 -1.40x €-247.83 Million €176.68 Million ▼ -1294.7%
2013 0.12x €720.96 Million €6.14 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.